4.9
stars
315 ratings

Professor Michael R Fricke

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Offered By

Part of the Master of Science in Accountancy (iMSA) degree
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Corporate & Commercial Law II: Business Forms, Financing & Governmental Regulation

University of Illinois at Urbana-Champaign

About this Course

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This course is the second course in a two-part series on corporate and commercial law. In this part, we focus on three main topics: business organizations, business financing, and governmental regulation. In the first module, we discuss the characteristics of a number of the most common forms of business entities, such as corporations and LLCs. Module two is devoted to debtor-creditor relationships, including bank financing, debt financing, secured transactions, and bankruptcy. We wrap up the course with two modules that focus on the most important aspects of governmental regulation, including the process by which administrative agencies make rules, and the regulation of anti-competitive behavior and securities transactions.

Flexible deadlines

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Shareable Certificate

Earn a Certificate upon completion

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Coursera Labs

Includes hands on learning projects.

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Intermediate Level

Approx. 25 hours to complete

English

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Flexible deadlines

Reset deadlines in accordance to your schedule.

Shareable Certificate

Earn a Certificate upon completion

100% online

Start instantly and learn at your own schedule.

Coursera Labs

Includes hands on learning projects.

Learn more about Coursera Labs

Intermediate Level

Approx. 25 hours to complete

English

Could your company benefit from training employees on in-demand skills?

Try Coursera for Business

Instructor

Instructor rating

4.88/5 (77 Ratings)

Professor Michael R Fricke

Teaching Assistant Professor

Department of Business Administration

44,656 Learners

4 Courses

Offered by

University of Illinois at Urbana-Champaign

Start working towards your Master's degree

This course is part of the 100% online Master of Science in Accountancy (iMSA) from University of Illinois at Urbana-Champaign. If you are admitted to the full program, your courses count towards your degree learning.

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Syllabus - What you will learn from this course

Content Rating99%(1,677 ratings)

Week1

Week 1

2 hours to complete

Introduction to course

2 hours to complete

3 videos (Total 6 min), 5 readings, 1 quiz

6 hours to complete

Module 1: Business Organizations

In this module, you will learn about the most common forms of business organizations. Beginning with sole proprietorships and moving on through various forms of partnerships, corporations, and limited liability companies, we will discuss how each type of business entity is formed and how it operates. By the end of this module, you will be able to differentiate between the most important types of business organizations and understand which form is most appropriate for achieving certain business goals.

6 hours to complete

8 videos (Total 65 min), 1 reading, 9 quizzes

8 videos

Introduction to Sole Proprietorships and Partnerships8mPartner Rights & Duties7mSpecial Forms of Partnerships5mIntroduction to Corporations9mCorporate Formation8mShareholder Rights, Powers, & Liability12mDirector & Officer Rights, Duties, & Liability5mLimited Liability Companies8m

1 reading

Module 1 Overview and Resources10m

9 practice exercises

Lesson 1.1 Knowledge Check30mLesson 1.2 Knowledge Check30mLesson 1.3 Knowledge Check30mLesson 1.4 Knowledge Check30mLesson 1.5 Knowledge Check30mLesson 1.6 Knowledge Check30mLesson 1.7 Knowledge Check30mLesson 1.8 Knowledge Check30mModule 1 Quiz30m

Week2

Week 2

6 hours to complete

Module 2: Debtor-Creditor Relationships

In this module, we will learn about the laws that govern the relationship between a lender and a borrower. We will discuss the basics of bank financing and debt financing, with special attention paid to loans that are secured by collateral consisting of personal property. We wrap up the module with several lessons explaining the bankruptcy process, and how debtors and creditors navigate the three most common forms of bankruptcy.

6 hours to complete

9 videos (Total 66 min), 1 reading, 9 quizzes

9 videos

Bank Financing: Sureties & Guarantors6mInterview with Banker8mBank Financing: Collection of Debts3mDebt Financing4mSecured Transactions: Foundations & Remedies6mSecured Transactions: Perfection & Priority7mBankruptcy: Foundations & Procedure9mBankruptcy: Exempt Property & Fraudulent Transfers8mTypes of Bankruptcy10m

1 reading

Module 2 Overview and Resources10m

9 practice exercises

Lesson 2.1 Knowledge Check30mLesson 2.2 Knowledge Check30mLesson 2.3 Knowledge Check30mLesson 2.4 Knowledge Check30mLesson 2.5 Knowledge Check30mLesson 2.6 Knowledge Check30mLesson 2.7 Knowledge Check30mLesson 2.8 Knowledge Check30mModule 2 Quiz30m

Week3

Week 3

5 hours to complete

Module 3: Regulation Part I: Foundations, Consumers, and the Environment

In this module, you will learn about administrative agencies and how they regulate many aspects of business. We will talk about how agencies make rules and then how they enforce those rules. Then we will look at a series of important federal agencies and learn about how they operate within the scope of their authority. By the end of this module, you will understand the basics of the administrative rule-making process and know some of the primary regulatory activities of the FTC, CFPB, FDA, and EPA.

5 hours to complete

7 videos (Total 51 min), 1 reading, 8 quizzes

7 videos

Introduction to Administrative Agencies7mThe Rule-Making Process6mAgency Investigations & Administrative Courts8mFTC Regulation of Commercial Activity11mCFPB Regulation of Financial Institutions5mFDA Regulation of Food, Drugs, & Cosmetics4mEPA Regulation of Pollution8m

1 reading

Module 3 Overview and Resources10m

8 practice exercises

Lesson 3.1 Knowledge Check30mLesson 3.2 Knowledge Check30mLesson 3.3 Knowledge Check30mLesson 3.4 Knowledge Check30mLesson 3.5 Knowledge Check30mLesson 3.6 Knowledge Check30mLesson 3.7 Knowledge Check30mModule 3 Quiz30m

Week4

Week 4

7 hours to complete

Module 4: Regulation Part II: Antitrust and Securities

In this module, we continue our discussion of administrative regulations from the previous module, focusing specifically on antitrust and securities regulation. Prohibiting anti-competitive behavior and ensuring fair securities transactions are two of the most important ways the government regulates commerce. By the end of this module, you will understand the basics of federal antitrust and securities laws.

7 hours to complete

11 videos (Total 69 min), 4 readings, 10 quizzes

11 videos

Antitrust: Unilateral Restraints of Trade9mInterview with Venture Capitalist9mAntitrust: Horizontal & Vertical Restraints of Trade6mAntitrust: Mergers5mAntitrust: Enforcement & Exemptions4mSecurities Laws & the SEC5mInitial Public Offerings: Procedures & Liability7mInitial Public Offerings: Shortcuts & Exemptions7mTrading Securities: Section 10(b) & Rule 10b-54mTrading Securities: Insider Trading & Short-Swing Profits4mGies Online Programs3m

4 readings

Module 4 Overview and Resources10mCourse Wrap-Up10mCongratulations!10mGet Your Course Certificate10m

10 practice exercises

Lesson 4.1 Knowledge Check30mLesson 4.2 Knowledge Check30mLesson 4.3 Knowledge Check30mLesson 4.4 Knowledge Check30mLesson 4.5 Knowledge Check30mLesson 4.6 Knowledge Check30mLesson 4.7 Knowledge Check30mLesson 4.8 Knowledge Check30mLesson 4.9 Knowledge Check30mModule 4 Quiz30m

Reviews

4.9

69 reviews

5 stars
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4 stars
8.88%
3 stars
0.95%
1 star
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TOP REVIEWS FROM CORPORATE & COMMERCIAL LAW II: BUSINESS FORMS, FINANCING & GOVERNMENTAL REGULATION

by BPOct 1, 2018

Excellent course & a great, down to earth instructor. I only wish he had more courses available for audit. Thanks to Illinois-Urbana for their contributions to online classes.

by AGAug 17, 2020

Good course for beginners as well as to have a overlook on previous law studies ....professors accent is very fluent ..easy to understand..thank you for such a wonderfull course.

by AMJan 28, 2022

I loved the course

It taught me many things & it’s gonna help me at work

by DCDec 13, 2020

Excellent course, very well designed. Prof. Fricke makes the videos very engaging and easy to follow. Good examples of the concepts explained to make it easier to comprehend.

View all reviews

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Corporate & Commercial Law II: Business Forms, Financing & Governmental Regulation

Corporate & Commercial Law II: Business Forms, Financing & Governmental Regulation

About this Course